UPDATE 1-Australia govt warns banks not to raise home rates (Reuters Finance News, Australia via Yahoo!7 Finance)
Story date: 2007-09-18 06:20:03
Added on: 2007-09-19 14:00:19
SYDNEY, Sept 19 (Reuters) - Australia's Treasurer Peter Costello on Wednesday warned the country's major banks not to raise their mortgage rates to maintain margins in the face of higher borrowing costs in markets.
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